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What are the key elements of budget?
Assuming you are already in business then use the same categories you use in your Profit and Loss Statement. Your budget should obviously show that you will make a profit if everything is within budget so if you can think of something that could come up that category should be in your budget. Pencils for instance would probably be too trivial in itself for a seperate item but Stationery would not.
Explain the concept of optimum marketing mix?
This Concept relates to the issue of dividing the marketing budget optimally over the elements of marketing mix
What is the role of a budget committee?
The role of the budget committee is to help create a federal budget and oversee that budget. They prepare the budget resolution and review budget related laws and bills.
Which budget is prepared first?
The sales budget is the first budget to be prepared.
What is main difference between capital budget and revenue budget?
While the capital budget and revenue budget are both budgets, the capital budget is incorporated for the long term. A revenue budget is made for the short term.
What two basic elements of a budget are income and expenses?
Actually, income and expenses are the two basic elements of a budget.
What are the key elements of budget management?
Management
What are the four elements of a budget cycle?
The four elements of a budget cycle are budget preparation, budget approval, budget execution, and budget evaluation. Budget preparation involves drafting the budget based on anticipated revenues and expenditures. Once prepared, the budget is submitted for approval by the relevant authorities. After approval, the budget is executed, where funds are allocated and spent, followed by an evaluation phase to assess performance and inform future budgeting processes.
What two basic elements of a budget are income and expenses True or False?
true
What are the two basic elements of a budget?
How much income you have and how much you spend.
What are the key elements of budget?
Assuming you are already in business then use the same categories you use in your Profit and Loss Statement. Your budget should obviously show that you will make a profit if everything is within budget so if you can think of something that could come up that category should be in your budget. Pencils for instance would probably be too trivial in itself for a seperate item but Stationery would not.
Explain the concept of optimum marketing mix?
This Concept relates to the issue of dividing the marketing budget optimally over the elements of marketing mix
What are the three main elements of Fiscal Law?
The three main elements of Fiscal Law are budget authority, time frame, and purpose. Budget authority refers to the legal authority to spend government funds. Time frame pertains to the period in which funds can be obligated and used. Purpose involves the specific reasons or activities for which funds can be expended.
What are the elements of a sales budget?
A sales budget typically includes several key elements: projected sales volume, which estimates the number of units expected to be sold; sales revenue, calculated by multiplying the projected sales volume by the selling price per unit; and sometimes, a breakdown of sales by product line or region. Additionally, it may incorporate seasonality factors, historical sales data, and marketing strategies that could influence sales performance. This budget serves as a financial plan to guide sales efforts and resource allocation.
What are the element of catering plan?
Elements of catering plan are Budget, Location, Size, Style, Season, Kitchen Facilities, Rentals and many more for details logon Fridgefreezerdirect.co.uk
What is the Avis vision statement?
Avis Budget Group Vision Statement: "We will be a leader in the vehicle rental industry by focusing on customers, our people, growth, innovation and efficiency. All of these elements will drive bottom line success and show that Avis and Budget are stronger together than they could be alone."
What is the budget of Congressional Budget Office?
The budget of Congressional Budget Office is 46,800,000 dollars.
